Astronics Corporation (ATROB)

Overview

Astronics Corporation is a significant player in the design and manufacturing of products tailored for the aerospace, defense, and electronics industries. With its roots in the United States, the company has broadened its reach to serve various international markets including Asia, Europe, South America, and beyond. Established in 1968, Astronics has carved a niche in providing innovative solutions through two primary business segments: Aerospace and Test Systems. Its headquarters are situated in East Aurora, New York, emphasizing its strong presence in the U.S. market while also maintaining a global footprint across several continents. Catering to a diverse clientele, Astronics supports airframe manufacturers, suppliers, aircraft operators, and defense contractors with advanced engineering and manufacturing capabilities.

Products and Services

Astronics Corporation diversifies its offerings across the aerospace and defense sectors, housing them under two main segments: Aerospace and Test Systems.

• Aerospace: This segment encapsulates a wide array of products and services designed for aircrafts spanning commercial, military, and general aviation markets. Offerings include:
  • Lighting and safety systems: Enhancing visibility and safety on aircrafts through state-of-the-art lighting solutions.
  • Electrical power generation systems: Providing reliable and efficient power solutions for various aircraft operations.
  • Distribution and seat motion systems: Offering advanced systems for the distribution of power and comfortable seating arrangements in aircraft.
  • Aircraft structures: Designing and manufacturing structural components that contribute to the durability and integrity of the aircraft.
  • Avionics products: Delivering cutting-edge avionics that augment the functionality and performance of cockpits and aircraft systems.
  • System certification: Assisting OEMs and other clients in ensuring their systems meet rigorous safety and performance standards.
  This wide array of services cater to OEMs, suppliers to OEMs, aircraft operators such as airlines, and various branches of the U.S. Department of Defense.
• Test Systems: Focused on supporting the aerospace and defense sectors alongside the mass transit industry through:
  • Automated test systems: Designing, developing, manufacturing, and maintaining bespoke test systems that evaluate the performance and reliability of electronics and military products.
  • Training and simulation devices: Providing simulation devices and training solutions for both commercial and military applications to ensure preparedness and operational efficacy.
  This segment serves the needs of OEMs and prime government contractors, offering comprehensive support for electronics and military products.